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now is the moment to rise above that cynicism and show the american people that we can still do big things and so he will make the case to congressional leaders that we must reject the politics of least resistance and take on this critical challenge. joining us now is the senate's top republican who will be a key participant in today's talks. senator mitch mcconnell. welcome back to "fox news sunday." >> glad to be here. >> let's start with what happened and from your perspective, where do things stand now ahead of this meeting tonight at the white house. >> well, unfortunately, as the speaker said, they are insisting on the white house and congressional democrats, insisting on really big tax increases as a condition to do anything on the spending side. bret, we believe the president was right back in december when he signed a two-year extension of the current tax rates of raising taxes in the middle of this economic situation we're in is a terrible idea. i mean, just look at the unemployment figures last friday. all the arguments the president used in december still work today. th
. that means, the big deal. this is the moment of opportunity. this is the window that people have been waiting for, for sometime. where both parties can sit down and resolve this problem, once and for all. we know what the problems are. we spend too much. the president will not get serious about cutting spending. >> greta: there's been e-mails back and forth, yesterday money the media that the president got up and marched off and senator harry reid on the floor refers to leader cantor as childish. is that what has deteriorated to a bit of name calling? >> i think the president was frustrated yesterday. everyone of us around the take are frustrated. the president got frustrated and left abruptly. >> greta: appropriately or inappropriately? >> i think it was fine. i think he decided the meeting was over and go up and left. >> greta: was there any indication the meet something over, we'll talk tomorrow or was it just i'm out of here? >> we had already discussed meeting today. the president is frustrated. my goodness, the rest of us are frustrated too. i've been pushing the president all year to a
15 minutes. the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on leaders from both parties to negotiate and called on the american people to call their lawmakers to tell them to make a deal to come to a compromise. to avoid default in what he called a financial problem for the united states, a big problem. while we wait for the republican response from house speaker john boehner, let's go to chief white house correspondent ed henry. >> reporter: the contrast was striking. the president flat out saying the other guys are part of a three-ring circus i'm about common ground, balance, compromise. that's because as we noted before he is trying to
, and it cracks. what happens is the road actually buckles or explodes, as they say, which leads to those big, major potholes. that causes traffic jams, it also leads to city budgets being drained because of the work crews. it's not just the roads. you look at some of the homes. again, the ground dries up, no rain to moisten it, and what happens is it cracks. and when the ground cracks, your home settles. when your home settles, the foundation -- as you can see there -- cracks. it is a major, major concern. listen to this. >> we're just noticing them all over the outside of our house. i am worried. um, i don't know what to do, i mean, do i keep my hose on or my sprinkler on? >> reporter: when the temperatures stay in the 90s for extended period of times, the -- periods of time, the problem for farmers is trying to keep their animals and plants cool, and it's almost impossible, so you have many animals that are dying. that leads to rising food prices. listen to one farmer. >> those birds were full size, current goes off, i've got less than five minutes to get fans running. and if it fries some
to lead, they want them to come to washington and take care of the big issues that confront us right now, one is definitely the debt ceiling, the other is the debt. i tell you this. what they want is for us to take care of these big issues in a way that will allow you to work within our physical means, but at the same time provide them with the opportunities that they need for the future. this back and forth, these battling press conferences day to day, the ongoing conversations that they've been having, folks watching this at home have been terribly frustrated. my hope is we can get to a resolution on this very quickly. alisyn: sure, obviously everybody wants a resolution. americans are frustrated: doesn't it put the democrats in a bit of an untenable position to say, we are actually against a balanced budget? >> i think we need to clarify, democrats are not against the balanced budget. they are calling for a shared sacrifice. and the challenge is during the entire conversations about the debt ceiling, the debt and the deficit, what you've seen are democrats putting things on the line,
into a big thing. the president is saying, you must have a deal within 24 to 36 hours. mr. president, what is your deal? will you pro offer a deal. write it up, put it on a couple pieces of paper and offer it. instead he's saying, cave. give me all the taxes i want. and give me as little restraint on spending as i want. and don't ever count on me to offer a plan. >> sean: some good news today. i was not that happy with senator mccon fell's proposal. but, today -- today he came out as a co-sponsor in the senate of cut, cap and balance. my take is, strategically this is a bit of a chess game many you are great at strategy. why not the house republicans pass, cut, cap and balance send it to the senate, let's see was? >> we gotta have movement. mcconnell is a crafty inside operator. his first offer is never his final offer. i was looking at not what he was suggesting specifically, but the direction. the direction of it was to change the dynamic. mr. president, where is your plan? his proposal required the president to offer a plan. second, it acknowledged we needed to get this thing done. it c
this economy and yeah, there's a big issue coming up with regards to the debt ceiling. the president ought to be in washington meeting with republicans, meeting with democrats, he shouldn't leave that town until he has an understanding of what it's going to take to get this economy going again and deal with the fiscal crisis that the country faces. but he's here raising money for a campaign. doesn't even have a primary opponent. >> the president was also in pennsylvania, the white house, though, fires back at that particular metal works plant, the allentown metal works that had been struggling for years when the president visited in 2009. president obama saying while i'm working, there will be candidates parading around the country and doing what they do can which is trying to attack. he told supporters in other parts of pennsylvania while mitt romney was there in pennsylvania. >> mitt romney did not mention his rivals. he's clearly taken the stance that i'm the frontrunner, i'm not going to mention tim pawlenty or michelle bachmann. why's he in pennsylvania? not an early primary state, k
: the last 48 hours this investigation has gone from about this big to this big. some officials may have already been caught lying. not only that, now we're told u.s. wasn't just helping send guns to mexico, taxpayers paid for some of those guns. and more than one federal agency knew about it. that's the latest in the scandal we know as fast and furious. according to sources an f.b.i. informant allegedly used taxpayer money to buy guns on behalf of the cartels, the f.b.i. knew it, they allowed it to happen and they failed to tell congress or the agency that was investigating him, causing that agency, the atf to spend two years, thousands of man-hours and millions of dollars pursuing information the f.b.i. already had about a man, the atf would never be allowed to arrest because he worked for the f.b.i. this information was confirmed this week sources say by the acting atf director ken nelson who met secretly on july 4th with congressman darrell issa and senator charles grassley. nelson who is going to be the fall guy in this scandal dropped a few bombs in his deposition indicating others
the cliff thelma and louise style but 43% of independents say what's the big deal? >> what's the pugh research? they only talk to 764 people. >> they did it all yesterday afternoon. >> by the way, we have a panel of independent voters coming up to see how they're feeling about the debt ceiling debate because obviously, they are the coveted group. >> that panel, 765. >> all right. >> a little bit bigger. >> we go to a panel of one. steve winn is the ceo of winn resorts. they have those casinos and stuff like that in vegas. he was on a conference call with investors and investment banks yesterday and he really let the president of the united states have it. we've got some quotes from the conference call. he says, here you go. "i'm saying it bluntly, that this administration is the greatest wet blanket to business and progress and job creation in my lifetime. and i can prove it and i can spend the next three hours giving you examples of all of us in this marketplace that are frightened to death about all the new regulations, our health care costs escalate, regulations coming from left
vulnerable to a stock, a european debt crisis pops up again or you get another big natural disaster. are we headed for a double dip? >> boy, i sure hope not. but these signs, just what happened the last few weeks, you've had more companies, paul, as you know, laying off workers, major companies like sisco, nobody's hiring right now. the housing market stinks. consumers aren't spending, so you just wonder where the job growth is going to come from. and obama is in a bit of a vice here right now. because they spent the 800 billion dollars in 2009 and 2010 to prop up the economy, and you've got a little bump up in the economy from that and now the debt is so big, you can't continue to borrow, so i think that keynesian economics have run its course. >> paul: they have thrown every part of the keynesian arsenal at this, near zero it rates for two and a half years, cash for clunkers, mortgage policy, housing tax credits and here we are under 2% growth and 9% unemployment. what's the lesson of the policy choice sns. >> well, the short lesson they don't work and steve is right, if the president rea
, waiting outside the jail as they ducked away into a waiting suv. the big question is where is casey anthony hiding. live at orlando,s from where caylee's remains were found. walk us through the release last night. >> reporter: i want to share brand-new information coming into fox news channel from our producer on the ground, one of many that have been working this case. kathleen rochelle. she got off the phone with mark lipman, the attorney that represents george and cindy anthony, they told -- their attorney said basically jose baez and texted them she was safe but they were at home watching the release on television. a relief that happened like clockwork at 11 past midnight according to the clock on the wall at orange county jail. take a look at the video. company anthony wearing a pink polo shirt. she was given $500 in cash, money that remained in her inmate account. a lost which donations from the public that poured in while she was incarcerated. three selected journalists captured the moment the world wanted to see, a moment that lasted a little more than ten seconds. listen. >
thought it was going to be resolved, the nfl labor situation hits snoer big snag. >> this is amazing, the owners say we've ratified a deal. let's play ball and open up the gates on saturday. the players say wait a second, we haven't read the whole thing. how dare you end the longest standout and lockout in this league without our permission? listen. >> we can all work quickly expeditiously and get this agreement done. it's time to get back to football. that's what everybody here wants to do. >> i've never seen anything like that. the players wanted more time to study the last minute changes. they have a lot more players than owners. now they feel a little stand-offish, the delay means camps won't open tomorrow, perhaps and the hall of fame game that is the official launch for the preseason which is the nfl season is canceled. and every week of preseason that is canceled, average loss of $200 million for players and owners. >> big deal. >> can't we all just get along? >> how can you end a fight without the other person's permission? how can you end a stand-off without the other per
to demand, you are contributing more to this problem or as much to this problem of the big deficit. >> government cannot create wealth. come on. we have come out three years where government by spending massive amounts it could create jobs and create wealth and you've seen that. >> history is full of examples. reagan saw tax cuts and growing economy. clinton years saw tax hikes and a growing economy. but don't confuse with causation it's cumulation of trillions of goods, services and money. no one person, no president and no economist can predict with certainty where a tax policy leads. wrong predictions are a foundation of economic study. >> the size of economics is looking what the unintended consequences. >> one unintended consequence is tax on luxury goods in the early 1990s. the law imposed extra taxes on jewelry of $10,000 of cars of over $30,000 and boats of over $100,000. it was seen as a way of raising revenue by targeting people that could most afford it, the wealthy. the pleasure boat industry laid off 19,000 blue collar workers. so economists offer answers but few guara
question is whether they can move, pasoo move past thinking about this big deal, move towards the possibility of a 2 1/2 trillion dollars deal, and whether they can come to some conclusion that that's not going to work, it's not going to get past the house, if it has any tax increases. that's the bottom line. we've heard it from speaker boehner on my show yesterday. it's just a matter of head counting. and now you have senator mcconnell's plan out there that he describes as a last ditch effort, but it's already getting praised by democrats like senator reid and house speaker nancy pelosi, so the going bet now inside washington is that they'll continue to talk to try to get to some bigger deal, but that the escape valve is there and it may be in the form of senator mcconnell's potential. martha: that raises a lot of questions about how a deal that looks like that would do in the house. and we heard president obama last night in an interview basically saying if they don't come to a deal, social security checks are in jeopardy, as westerly as august 3rd. here's a piece of sound,
and have the economy of zimbabwe. it is a big problem. i don't know why anyone who isn't an elected republican can't talk seriously about social is security and medicare and medicaid. according to obama's own treasury secretary are going to consume within 10 years, 92 cents of every federal budget dollar. that isn't a system that can last. yet, a majority of americans say don't touch social security. don't touch medicare this is what the democrats are saying. that's why you keep having these -- remember rudd man and the concorde coalition? no elected politician, republican or democrat will talk about reforming social security. >> sean: we always get the tax increases, spending cuts, reagan never came, george her burt walker bush, they never come. the idea they are going to hand it over, it is not going to happen. -- you raised a more fundamental question why they need to stand strong here. that is, philosophically, we've become -- look what happens when they put austerity measures in place in europe. look at what happened to greece. if we don't do it now the pain is going to be grea
doors, and not something we foe on fox, but they need to hear it. >> greg: this guy is a big harry reid supporters. this is what happens when a democrat gets a taste of the liberal idea. it's okay to vote for it and then it starts affecting you. then all of a sudden he talks about fear of regulation, fear of healthcare cost, poor of redistribution. he's no longer a harry reid supporter, he is a tea party. >> kimberly: see how the transformation occurs? >> eric: we put together. look at the top three recipient of the casino political campaign contribution. you're 100% right, my friend. senator reid, number one. $300,000. that is well above the number two. all three of them, kim, -- what is the name? >> kimberly: that is why the comments he is making are so credible. he is sumone who supported the democrats and he has the courage to say listen, i don't think that obama is doing the right job here. he said he would in fact hire, he wants to hire but he is prohibited from doing so by the administration and by the obama policy that he finds too much ambiguity. >> bob: i'm not laughing at you
. alisyn: you talk about what the stock market is doing. yesterday it took a big hit closing down almost 200 points. it was the 4th straight day of losses. let's bring in stuart varney to help us understand this. will the market go down again, stu? >> in general terms nobody will be prepared to forecast where the stock market will go. it's like october of 2008 when there was a decision in the house, do we bail out wall street or don't we. there was a profound reaction on wall street when that vote came in. in general terms, here is what you can say. if we get a deal -- if a deal looks likely by this weekend, the stock market will probably go up. quite sharply. if we do not get a deal at all, nothing is on the table by that next week's deadline you can expect the stock market to go down quite sharply. those are generalized expectations for stocks, but i think they are realistic. here is the news of the day. as of this morning, a letter went out from the chief executives of all the big wall street firms. that letter went out to every member of congress. everybody on capitol hill. it was a
. cut, cap and balance, a big victory for house republicans last night, but, you would not know it today watching the white house press briefing. we counted just two questions about the g.o.p. plan, one to ask if it was a waste of time versus 14 for the "gang of six" plan which the president favors. tim graham not surprised a media research center worker. you thing the media is pushing the president toward the democrat plan, right? >>guest: they are failing to explain what the republican plan is. that you could go back through the transcripts and try to find the network using the word "cut, cap and balance." this is something that the house republicans have been formulating almost virtual media silence. they do not feel it is necessary to describe what it is but to just begin by announcing when it actually passes they say it is a failure and a waste of time. it is quite extraordinarily. >>stuart: some of the language they are using it calling it the ill fated cut, cap and balance, and those words tend to be attached to cut, cap and balance. ill fated was in "the hill," and there are othe
done or what? >> i think there are a lot of big problems and we can't ignore it. but the biggest problem is not admit that this country is bankrupt. if you don't admit the true problem you will have the bickering back and forth and will not come up with the answer. when country the size of ours gets to bankruptcy the debt gets default on . adam myth would argue this case . only two ways to default, one through the deflationary process where the debt is lequidating and the other by debasing the currency. it is easier to debase the currency and have the debt liquidated in real terps than allow the bankruptcies to come. we didn't permit the bankruptcies four years ago and the problems got worse and our debt exploded. there are terrible choices and the worse choice is pretending that the bankruptcy is not before us and we don't have to admit the seriousness . problem and address it >> i am amazed at congressman how we sustained the triple a rating for the years. >> who gave it to us? they gave ratings to fannie mae and freddie mac. >> very good point. >> they warn us about the disast
a blank check today. this is just not going to happen. >> so is it about the american people or one big re-election campaign? we report, you decide. >> meanwhile, the united states government arming a mexican drug cartel for war? and when people said hey, this doesn't smell right, a brand new report says that's when the cover-up began. yes, the cover-up, brian. >> yes, a grandmother confronted by a naked intruder. >> again? >> not in my house! >> be strong. there's always a way to protect yourself. use it! >> but this crook picked on the wrong lady. "fox & friends" the right show for you because we start right now. >> come on in, folks and welcome to our tuesday telecast. we have lots to talk about because the president of the united states and the speaker of the house last night decided it was time to go in front of the american public to make their case. >> again? as brian just said about the other story, again? >> right. >> how many times do we have to have a press conference to try to figure out what the hell to do with our debt? it's one press conference after another and i thin
. >> the problem with a mini deal is we have a maxi problem. and the big problems aren't going to go away if you cut a mini deal. it just delays the moment of truth. i would say better noun then, but if we can't we'll take the savings we can get now and relitigate this as we get closer to the election. >> reporter: he also talked about concerns that people have that the president will bypass congress all together and just raise the debt level on his own. we'll have a fair & balanced debate on why some democrats say that may be their best option. that is coming up. also republicans who are running for president being asked to sign a strict commitment to reducing our debt. this is called the cut, cap and balance pledge, and those who don't sign their names are feeling the heat. doug mcelway is live in washington with 0 more on that. >> reporter: you're going to be hearing a lot about this plan to cut, cap and balance as the senate resumes its work tomorrow after the july 4th holiday. you'll probably hear a lot about it as the republican primary season heats up as well. some pundits say it may prov
that through the house. by 5, 6, 7 months depending how big the package is the bigger, the better. send it to the senate. the senate has to take it up they will have to pass it and the president will have to sign it. this will give us more time to work the problem and give a revenue neutral tax reform that lowers rates and cleans out a lot of the trash in the code. >> i am angry with republicans in this sense. we don't appear to have their act together. the president is putting his plan in writing on the table. this is frustrating to me. on the very day the house is voting on real substantive kutsz dealing with the foundational issues of our debt problem that would help bring recovery into play why did they give the president the ability to run out with a gang of 6? haehn hang on a second we have a plan and distract the country with what i thought they were focused on democrats were opposing it and we have to stop the measure with the o'connell issue. it's like they are negotiating with themselves and the president hasn't put up a plan. >> one of the members of the gang of 6 the senator
of his life, he had moved -- hired a moving company called two men with big hearts moving and storage. but he fell behind in his bills to this company. this storage company because of medical bills that had piled up for him. >> so he just passed away and the family is trying to figure out what they're going to do at the funeral and what they would like to do is get a hold of some of his military stuff, including his two purple hearts but the problem is that particular company is owed by the family $600. the family went over and talked to them and they knocked it down to $500. but nonetheless, they would like to have the stuff for the funeral next tuesday but they got to come up with $500. here's the son of the veteran. >> he was a very patriotic person. >> dad wanted to go out in a blaze of glory. that was on the back of the fire truck. something we want to give for dad. that was one of his last requests. >> he had it for five years. it would be thousands of dollars. don kennedy owns the company so he's not going to release the stuff as of right now unless they pay the $500 which is
of downtown and the government buildings, police have confirmed it was in fact a car bomb and a very big one. that was the suspicion from the start. definitely. the amount of damage you see in those buildings and the amount of glass that came out. it's amazing not more people were injured on account of that. now, the suspect taken into custody, he is a nor region and reportedly great some 6 tons of fertilizer to be used in the bombs. we don't know if all of it was used, but a couple tons would be significant for a powerful explosion and they certainly did have that here and finally, kelly. i can tell you, i've been here once before. it is a very quiet place, always considered a very safe place and you get the idea that changed as someone told me yesterday, they said, you know, nothing ever happens in norway. well, that all changed. kelly. >> kelly: all right. we thank you for that report. we'll be discussing this later in our program. greg burke reporting from oslo, norway. >> jamie: to tell you a little bit more about norway. the population there is under 5 million people. close to colorado
boehner, to get a big deal. now, boehner backed off my association to try and do it, but he did try to get a 4 trillion dollar deal and knew he couldn't get it from the caucus and by the way, obama couldn't get it from his. so, what they basically did, take it back where it belongs, which is in the congress. because this is the bill that's been voted on. >> it's going to end anyway, and it's going to end and they're agreeing, mandatory committee and it's going to be over and we'll talk about fun things. >> and i don't know if it'll get enough votes in the house of representatives. >> i do. >> this committee basically unconstitutionally removes from congress the ability to make decisions with respect to paying money. i'm saying unconstitutionally, the constitution says only the congress did far be it from me to challenge you go the constitution. >> paul ryan, has endorsed the republican plan and when he endorsed through the house of representatives, it gefs comfort they can go forward. >> also having worked in the house of representatives, the speaker is so smart. he's fot going to bring a
%. >> you're admitting the tea party won? >> certainly. the stuff they got in that big, i'll give them that. they won't win ultimately, but i'll give them. i'm saying in politics they don't understand there's a compromise. >> how did the tea party win? they won if the cut, cap and balance bill went over to the senate for approval. this one that boehner is marking up, who knows. true concerts ar conservatives , no way we trust you. >> the president is supposed to be in control and leading. he said, no short-term deals, i don't want any spending cuts, i want tax increases. he didn't get any of that. okay, maybe he doesn't get the short-term deal. i think that the tea party absolutely as we talked about deserves credit. here's my fear, though. we have a media that's so shocked that we still haven't gotten a deal. they're literally amazed by this. they'll be writing the headlines, and you'll see president obama in the rose garden signing a bill and they'll be so quick to glory for a him for this. he'll take credit as he's the one who did it. he's got a media riding shotgun until november to hel
Search Results 0 to 36 of about 37 (some duplicates have been removed)